Gapwaves: Follow-Up Order for Last-Mile Delivery
Redeye adjusts its valuation range slightly upwards after today’s news of a follow-up order from Uhnder. This first larger order from Uhnder confirms our view that Gapwaves has opportunities outside of automotive and telecom, as described in our latest update. However, we now believe that there is greater revenue potential in these other new verticals than previously expected.